Xponential Fitness, Inc. (NYSE:XPOF) Receives $18.25 Average Price Target from Analysts

Xponential Fitness, Inc. (NYSE:XPOF) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $18.25.

XPOF has been the topic of a number of recent analyst reports. Roth Mkm reduced their target price on Xponential Fitness from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Roth Capital raised shares of Xponential Fitness to a “strong-buy” rating in a research note on Monday, June 17th. B. Riley boosted their price objective on shares of Xponential Fitness from $9.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Guggenheim lifted their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 18th. Finally, Raymond James dropped their price objective on Xponential Fitness from $30.00 to $20.00 and set a “strong-buy” rating on the stock in a research note on Friday, August 2nd.

Xponential Fitness Trading Down 5.3 %

Xponential Fitness stock opened at $12.73 on Monday. Xponential Fitness has a 12-month low of $7.40 and a 12-month high of $18.95. The firm has a 50-day moving average price of $14.69 and a 200-day moving average price of $13.76. The firm has a market capitalization of $611.96 million, a PE ratio of -22.33 and a beta of 1.19.

Xponential Fitness (NYSE:XPOF) last released its earnings results on Thursday, August 1st. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.22). Xponential Fitness had a negative net margin of 6.51% and a negative return on equity of 9.35%. The business had revenue of $76.50 million for the quarter, compared to the consensus estimate of $83.63 million. During the same period in the prior year, the company posted $0.07 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. As a group, sell-side analysts predict that Xponential Fitness will post 0.79 earnings per share for the current fiscal year.

Insider Activity at Xponential Fitness

In other Xponential Fitness news, President Sarah Luna sold 14,400 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $13.85, for a total transaction of $199,440.00. Following the completion of the sale, the president now owns 290,297 shares in the company, valued at $4,020,613.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 47.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Xponential Fitness

A number of large investors have recently added to or reduced their stakes in the company. nVerses Capital LLC purchased a new position in shares of Xponential Fitness in the 2nd quarter worth approximately $34,000. Quarry LP grew its holdings in Xponential Fitness by 80.4% in the second quarter. Quarry LP now owns 3,692 shares of the company’s stock worth $58,000 after purchasing an additional 1,646 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Xponential Fitness during the second quarter worth $72,000. Dnca Finance acquired a new position in shares of Xponential Fitness during the second quarter worth $107,000. Finally, Quest Partners LLC purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at $174,000. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.